News
New op risk capital approach has its own problems – Leipoldt
OpRisk Asia: Revised standardised approach an improvement but no panacea
Fresh delay will push EU-US CCP row into September
Decision had been expected in July; dealers sceptical new timeline will hold
'Glass-Steagall is back' – RBS op risk head
OpRisk Asia: New market structures have led to op risk primacy
CFTC’s Giancarlo backs phased approach to position limits
Agency should wait before implementing non-spot-month limits, commissioner says
New trading book QIS tackles correlation gripes
Changes proposed for correlation, exotic derivatives and hard-to-model risks
Boards must take cyber seriously, says Isaca exec
OpRisk Asia: Cyber security group warns most directors are neglecting risk
Risk appetite touted as key foundation for risk culture
OpRisk Asia: 'Risk champions' should lead on cultural change, conference hears
Greek swaps contract drama continues
Ongoing controls mean some end-user payments are more than a month overdue
HKEx strengthens RMB team ahead of expected product launches
Banker who spearheaded BNP Paribas's RMB business moves to exchange
FCA expects notification of AIFMD leverage breaches
But admits regulation is ‘silent' on notification obligations
BIS starts work on forex code of conduct, led by Debelle
Working group aims to finalise code and enforcement methods by May 2017
Hayes judge concludes his summing-up; jury retires
Judge finishes summing up Tom Hayes Libor trial
Structured products market blasts Mifid II complexity test
Strict classification of structured products into 'complex' and 'non-complex' criticised
China CLO market stutters on economic slowdown
Increase in liquidity and a rise in NPLs slow China structured credit market
Hayes saw his Libor requests as a 'numbers game' – judge
Judge's summing-up continues for jury
US regulator asks banks for FVA information
OCC requests info on funding spreads, model validation and more
Counterparty concerns slow family office derivatives use
HNWs got burnt in the Lehman crisis and are still cautious over exposures
Success of cultural change rests with local managers – research
Employee perceptions are key to assessing risk culture at large banks
ANZ ramps up derivatives to capture intra-Asia trade flows
Increasing trade between Asian countries provides opportunity for ANZ
Dishonesty central issue of Hayes case, judge reminds jury
Tom Hayes Libor trial enters final stage
Nasdaq energy futures face liquidity challenge
Traders say new exchange may struggle to compete with CME and Ice
Hayes believed he broke no rules – Libor trial
Defence wraps up Hayes arguments
AHL, ISAM unmoved by liquidity concerns
Quant hedge funds revamp algorithms since crisis, soothing liquidity woes
Hayes cannot blame others for his Libor fraud, prosecution argues
First trial against individual for Libor rigging nears end